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Daily Boxes/Lines indicator

  • #41
  • Apr 13, 2011 9:25pm Apr 13, 2011 9:25pm
Quoting hanover
This is probably because you've left TimeFrame = M5 and there are no M5 candles earlier than 7 days ago.

Make the TimeFrame setting blank, and the indy will use candles in the same TF as the chart to which it's attached.

I will look at the changes you asked for, when I finally get around to releasing a new version of the indy.


That did it!!! like I said you da man!!! THANKS SO MUCH!!!! Off to make some pips!

D
  • #42
  • May 8, 2011 5:39am May 8, 2011 5:39am
Hi Hanover,

Thanks for this wonderful Indi. I downloaded the latest version posted on post #1 but I am getting following message. I even tried it on different brokers but got same message. The old version I have is working fine, but the latest one is getting this message. Could you please look into this.

2011.05.08 15:37:40 Cannot open file 'Crogram FilesMetaTrader - Alpari (US)expertsindicatorsDaily LinesBoxes.ex4' on the AUDUSD,H1

Thanks,

Alifari
The purpose of knowledge is action, not knowledge
  • #43
  • May 8, 2011 3:21pm May 8, 2011 3:21pm
Quoting alifari
Hi Hanover, ........
Alifari,

What version of Windows are you running?

If it's Vista or Win 7, then posts #44 and #46 here might help you. Post #46 by Xaphod has additional links, also.

There is also a good video posted by tdeu here.

Hope this helps.

David
  • #44
  • May 12, 2011 5:49pm May 12, 2011 5:49pm
Quoting hanover
Alifari,

What version of Windows are you running?

If it's Vista or Win 7, then posts #44 and #46 here might help you. Post #46 by Xaphod has additional links, also.

There is also a good video posted by tdeu here.

Hope this helps.

David
Hi David,

Thanks for your reply. I am using Windows XP Service Pack 3. All your other indicators are working except this one. Luckily I have the old version, and it is working fine, so I will just use that one.

Thanks,

Alifari
The purpose of knowledge is action, not knowledge
  • #45
  • May 14, 2011 1:28am May 14, 2011 1:28am
Danke Hanover for this great indi! Where's your donation button?

I have mine set up to plot a filled box around the start and end hours with the horizontal lines extending a few hours forward from the top and bottom of the range

My setup:
LookbackDays: 999999999
StartHours: 14.00
EndHours: 15.00
ExtendHours: 38.0
Properties: FTH2P

1) Is there a way to get the indicator to plot the horizontal lines up to the end of each day?

2) Is there a way to get the indicator to plot the horizontal lines up to the start of the next day's StartHours?

3) Is there a way to get the indicator to plot additional parallel horizontal lines a certain distance above and below the existing horizontal lines? User defined choice would include:
> a user-defiend pip count above/below the existing horizontal lines
> a user-defined % above/below the existing horizontal lines
> fibonacci ratio distances above/below the existing horizontal lines
> Murrey Math line distances above/below the existing horizontal lines
> standard deviation distances above/below the existing horizontal lines
> average volatility distances above/below the existing horizontal lines

4) How can I add alerts when the price crosses any of these horizontal lines?
  • #46
  • May 14, 2011 1:33am May 14, 2011 1:33am
Danke Hanover for this great indi! Where's your donation button?

I have mine set up to plot a filled box around the start and end hours with the horizontal lines extending a few hours forward from the top and bottom of the range

My setup:
LookbackDays: 999999999
StartHours: 14.00
EndHours: 15.00
ExtendHours: 38.0
Properties: FTH2P

1) Is there a way to get the indicator to plot the horizontal lines up to the end of each day?

2) Is there a way to get the indicator to plot the horizontal lines up to the start of the next day's StartHours?

3) Is there a way to get the indicator to plot additional parallel horizontal lines a certain distance above and below the existing horizontal lines? User defined choice would include:
> a user-defined pip count above/below the existing horizontal lines
> a user-defined % above/below the existing horizontal lines
> Fibonacci ratio distances above/below the existing horizontal lines
> Murrey Math line distances above/below the existing horizontal lines
> standard deviation distances above/below the existing horizontal lines
> average volatility distances above/below the existing horizontal lines

4) How can I add alerts when the price crosses any of these horizontal lines?
  • #47
  • May 14, 2011 6:52am May 14, 2011 6:52am
Quoting mandelmus
Danke Hanover for this great indi! Where's your donation button? .........
Mandelmus,

Thanks for the feedback. No donations are necessary, the indicator is provided free of charge to anybody who wants to use it.

1) Is there a way to get the indicator to plot the horizontal lines up to the end of each day?
Setting ExtendHours = 24 will plot horiz lines up to midnight (end of the current day).

2) Is there a way to get the indicator to plot the horizontal lines up to the start of the next day's StartHours?
Set ExtendHours = 24 + the value of StartHours. Please read post #1 for more detailed info, and feel welcome to experiment with the settings.

3) Is there a way to get the indicator to plot additional parallel horizontal lines a certain distance above and below the existing horizontal lines? User defined choice would include:
> a user-defined pip count above/below the existing horizontal lines
> a user-defined % above/below the existing horizontal lines
> Fibonacci ratio distances above/below the existing horizontal lines
> Murrey Math line distances above/below the existing horizontal lines
> standard deviation distances above/below the existing horizontal lines
> average volatility distances above/below the existing horizontal lines
This could only be achieved by further programming. I'm sorry, but I'm currently too busy with this project to undertake any other major work. And I would need more info: e.g. standard deviation of what?; how is the volatility measured?; what is Murrey math? (I've never heard of it). The indy is provided on an 'as is' basis, free of charge, and with source code if anybody wants to modify it.

4) How can I add alerts when the price crosses any of these horizontal lines?
This would likewise require further programming - see my reply to point (3). However, you could use another indy like Tesla's Alerter, or Alerter 2, to plot additional lines at the same levels. Alerter would then alert you when price moves within X pips of these levels.

David
  • #48
  • May 14, 2011 6:59am May 14, 2011 6:59am
Quoting alifari
Hi David,

Thanks for your reply. I am using Windows XP Service Pack 3. All your other indicators are working except this one. Luckily I have the old version, and it is working fine, so I will just use that one.

Thanks,

Alifari
Alifari,

I've no idea why the new version is not working for you - it's been downloaded more than 100 times, and nobody else has reported a similar problem. Perhaps there is something different about your PC configuration? I have no way of knowing. The latest version runs fine on my PC (OS=Win XP Home SP2; br0ker=GoMarkets MT4 build 401).

Anyway, I'm glad to hear that you have an earlier version working OK.

David
  • #49
  • May 20, 2011 9:34am May 20, 2011 9:34am
Hi David. I have spent over an hour trying to get a single horizontal line (not ray) from the open of a bar. Just "O" should do it. But it does not seem to work. Any idea what I am missing?

Thanks,
Darren
  • #50
  • May 20, 2011 4:28pm May 20, 2011 4:28pm
Quoting dazzdude
Hi David. I have spent over an hour trying to get a single horizontal line (not ray) from the open of a bar. Just "O" should do it. But it does not seem to work. Any idea what I am missing?

Thanks,
Darren
Dazz,

Here are my parameters (with changes noted), that give the result in the screenshot below (if you click on the thumbnail, you can see the green lines).

Or alternatively just use the attached MQ4 file.

Inserted Code
extern int      LookbackDays        = 20;
extern double   StartHours          = 4;     //-1                       ---- changed to desired start hour
extern double   EndHours            = 15;    //6
extern double   ExtendHours         = 23;
extern string   UniqueID            = "DLB#1";
extern color    BoxColor            = C'0,64,0';
extern color    LineColor           = Green;
extern string   Properties          = "O";  //"FTH2";                   ---- changed to "O"
extern string   TextProperties      = "";   //"Arial,9,White,4,7";      ---- changed to ""
extern string   SymbolProperties    = "2,White,108,10";
extern string   DaysOfWeek          = "Mon,Tue,Wed,Thu,Fri";
extern string   Visibility          = "M1,M5,M15,M30,H1,H4";
extern string   TimeFrame           = "M5";
extern bool     CandlesMustExist    = false;
extern double   ClearancePips       = 0;
extern int      RefreshEveryXMins   = 1;

The only other possibilities I can think of are:

1. Your Visibility parameter doesn't include the chart TF that you're currently looking at.

2. Your DaysOfWeek parameter is set to empty.

3. The M5 chart for that pair has invalid or missing data. You could try changing the TimeFrame parameter to something else. Setting it to an empty value will cause it to use the current chart's TF.

I'm running Win XP Home SP2; br0ker is GO Markets MT4 build 401. If you're running Vista or Win7, the note below may help you..

David
____________________

This type of question gets asked so many times that I simply copy/paste the following reply:

What version of Windows are you running?

If it's Vista or Win 7, then posts #44 and #46 here might help you. Post #46 by Xaphod has additional links, also.

There is also a good video posted by tdeu here.

Hope this helps.

David
Attached Image (click to enlarge)
Click to Enlarge Name: dazz1.jpg Size: 78 KB
Attached File(s)
File Type: mq4 Daily LinesBoxes.mq4   74 KB | 1,730 downloads
  • #51
  • May 22, 2011 12:36am May 22, 2011 12:36am
Quoting hanover
1. Your Visibility parameter doesn't include the chart TF that you're currently looking at.

2. Your DaysOfWeek parameter is set to empty.

3. The M5 chart for that pair has invalid or missing data. You could try changing the TimeFrame parameter to something else. Setting it to an empty value will cause it to use the current chart's TF.

I'm running Win XP Home SP2; br0ker is GO Markets MT4 build 401. If you're running Vista or Win7, the note below may help you..

David
____________________

This type of question gets...
Thanks for your quick response to my previous questions. I will look into having someone add the additional parallel horizontal lines + alerts for me.

For some reason, the indicator doesn't plot on any time frame higher than M15 for me, not sure why yet
I have Visibility set to M1,M5,M15,M30,H1,H4.
I have TimeFrame set to empty.
I have DaysOfWeek set to Mon,Tue,Wed,Thu,Fri.

Note: Only other indicator on the chart is Murrey Math Line X eng found here. No other EAs attached to chart.

I'm running WinXP Pro SP2; br0ker is FXCM Demo U.S. MT4 build 401.
  • #52
  • May 22, 2011 3:52am May 22, 2011 3:52am
Quoting mandelmus
Thanks for your quick response to my previous questions....
Hi,

I've done my best to reproduce the exact situation that you described.

The screenshot below is an hourly chart; WinXP Home SP2; br0ker is FXCM Demo U.S. MT4 build 401.

The attached two indicators have simply been added to the chart, as is, no parameter changes. I downloaded the Murrey indy directly from the link that you gave, and changed nothing.

I wish that I could help you further, but I just can't reproduce the problem.

I hope that you are able to find a programmer to add the extra lines for you.

David
Attached Image (click to enlarge)
Click to Enlarge Name: mandelmus1.jpg Size: 137 KB
Attached File(s)
File Type: mq4 Daily LinesBoxes.mq4   74 KB | 1,839 downloads
File Type: mq4 Murrey_Math_Line_X.mq4   13 KB | 1,499 downloads
  • #53
  • May 22, 2011 7:31am May 22, 2011 7:31am
Quoting hanover
Dazz,

Here are my parameters (with changes noted), that give the result in the screenshot below (if you click on the thumbnail, you can see the green lines).

Or alternatively just use the attached MQ4 file.

[code]extern int...
Thanks David. The picture you posted is exactly what I am trying to acheive. I have played around with it again and cannot get it to work. I have therefore installed your custom indicator you have created for me and it is working perfectly. Thanks. You are amazing.

Now, where on earth do you get the time to help so many people !?!

ps, I use your indicator 4 times :-) One to show the start of the week, one to show the london open each day, one for a box and one for a line from the the open of a bar. It's just an awesome peice of coding.
  • #54
  • May 23, 2011 12:55pm May 23, 2011 12:55pm
Good job & clean indicator

13
Brokers are angels
  • #55
  • May 24, 2011 8:25pm May 24, 2011 8:25pm
Quoting fx13
Good job & clean indicator

13
Many thanks for the feedback. Glad you like the indy.

I've added another parameter: HorizLineLevels. See post #1 for download, and details.

David
  • #56
  • May 28, 2011 3:52pm May 28, 2011 3:52pm
Quoting hanover
OK, download the latest version from post #1, for the quick'n'dirty solution.

Attach one instance of the indy, to plot the top box, as follows:
Properties = FTP>
UniqueID = #1

Attach a second instance of the indy, to draw the bottom box:
Properties = FTP<
UniqueID = #2

The 'T' property means that the boxes will be plotted between the StartTime and EndTime.

The 'P' property will display box heights - if you follow the instructions in post #1. If the bottom box's displayed...
Hi David,

Would really appreciate, if you could you please add following feature as well.

Let's say I have start time at 9:00am gmt and end time 9:59am gmt which gives a range of 19 pips (viz. range calculated from highest high and lowest low of this period). Now I want to see once the highest high or lowest low of this period is breached how far price go in pips in next 2 hours or 4 hours etc. See attached chart as example.

Thanks,

Alifari
Attached Image (click to enlarge)
Click to Enlarge Name: daily line boxes.gif Size: 11 KB
The purpose of knowledge is action, not knowledge
  • #57
  • May 28, 2011 6:10pm May 28, 2011 6:10pm
Quoting alifari
Hi David,

Would really appreciate, if you could you please add following feature as well.

Let's say I have start time at 9:00am gmt and end time 9:59am gmt which gives a range of 19 pips (viz. range calculated from highest high and lowest low of this period). Now I want to see once the highest high or lowest low of this period is breached how far price go in pips in next 2 hours or 4 hours etc. See attached chart as example.

Thanks,

Alifari
Hi Alifari,

You can always plot a box from 9:00 to 10:00 if you wish, and then use MT4's built-in ruler (explained in section "Crosshair mode, and ruler tool") to measure the pips from the edge of the box to the high or low of any candle, or any other point on the chart.

Anyway, if that is unsatisfactory, I think it would be better if this was done by creating a new indicator, especially as (IMO) this is a rather unusual request, and the indy is already very complex.

However, the source code is available if another programmer wants to attempt it.

David
  • #58
  • May 28, 2011 6:41pm May 28, 2011 6:41pm
David,

Thanks for your reply. I actually wanted that feature for backtesting purpose, as I am checking numerous pairs for a breakout strategy. I guess I will have to do it manually.


Alifari
The purpose of knowledge is action, not knowledge
  • #59
  • May 28, 2011 6:59pm May 28, 2011 6:59pm
Quoting alifari
I actually wanted that feature for backtesting purpose, as I am checking numerous pairs for a breakout strategy.
Well, OK then, you've convinced me. I'll see what I can do in a couple of hours.

When I said "too complex", I meant that the indy was already generating lots of Q&A and didn't want to risk any more.
  • #60
  • May 28, 2011 7:47pm May 28, 2011 7:47pm
Quoting hanover
I'll see what I can do in a couple of hours.
Try the attached, starting with the default parameters. This should produce something like the first screenshot.

The initial line/box (green) does the usual pip count from StartHours to EndHours, and works exactly as before. See post #1 for more info.

The secondary lines (white) count any additional pips between EndHours and ExtendHours, and use the color in TextProperties for plotting both their text and line colors. If price doesn't break outside the initial line/box, in a given direction, then no secondary line/text is plotted. The SecondaryPipCount must also be set to TRUE.
Attached Image (click to enlarge)
Click to Enlarge Name: alifari.jpg Size: 72 KB
Attached File(s)
File Type: mq4 Daily LinesBoxes.mq4   93 KB | 2,117 downloads
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